Diwali is a major Hindu festival celebrated worldwide symbolizing the victory of light over darkness and good over evil It is also known as the Festival of Lights and is celebrated with great enthusiasm across India and other countries Diwali involves decorating homes with oil lamps or diyas bursting fireworks exchanging gifts and enjoying festive sweets The festival honors the return of Lord Rama to his kingdom after defeating the demon king Ravana Diwali is a time for family gatherings prayers and spreading joy and prosperity among loved ones